motherlodetv.net
Evolving Gold, (V.EVG) is joining Eastmain and Goldcorp in the James Bay region of Northern Quebec. It is a geological sub-province which is showing signs of becoming a new Abitibi with greenstone showings and significant gold. I have an article up at Seeking Alpha about the New Abitibi and how investors can get into the play without paying a premium.
Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce that the first results of its 25 000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d’Or. Four drill holes, completed 700 m east of the former Chimo Mine workings and on the 5M Zone gold-bearing structure have intersected the 5M4 Zone (FIGURE). The best results are: 7.3 g/t Au/2.2 m included in 2.0 g/t Au/14.1 m and 5.8 g/t Au/2.4 m included in 1.5 g/t Au/14.0 m (see table below).
Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) (“Margaux” or the “Company”) is pleased to announce partial results from the recently completed diamond drill program on the Bayonne gold property, part of the Company’s Kootenay Arc project in southern B.C.
TSX: SMT
BVL: SMT
NYSE AMERICAN: SMTS
TSX Venture Exchange Symbol: AAL
Including 213 feet assaying 21.3% zinc-lead and 7.3 opt silver
Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) wishes to announce that it has modified its non-brokered private placement (the “Private Placement”) previously announced on September 18, 2017. The Company will sell up to 9,000,000 Units for gross proceeds of up to $720,000 (the “Offering”) at a price of $0.08 per unit (the “Units”). Each Unit consists of one common share (a “Unit Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one full additional common share (a “Warrant Share”) at an exercise price of $0.10 per Warrant Share. The Warrant Share is exercisable for the first two years from the date of issue of the Warrant. Finder’s fees of 8% cash and 8% finder warrants may be payable in connection with this transaction.
Victoria Gold Corp. (TSX VENTURE: VIT) (“Victoria” or the “Company”) is pleased to announce the receipt of assays from the second of four drillholes that targeted previously untested areas adjacent to, and below the 2016 Eagle Gold Mine Feasibility Study pit boundary, the Eagle Deep targets.
At the recent Beaver Creek Precious Metals Summit Igor Gonzales, CEO of Sierra Metals (T.SMT) had quite a story to tell. On the one hand, Sierra has three producing mines, two in Mexico and one in Peru. At each of these mines, Sierra is upgrading its operations and increasing the throughput. On the other, Sierra is engaged in significant “brownfield” exploration to extend the resources it already has. “Brownfield exploration,” said Gonzales, “is a cost-effective way to grow. At Beaver Creek, there was a very positive reaction to what we’ll be doing next.”
One of the frustrations of exploration is assembling a highly prospective area, doing the work and realizing that there is a key piece of land which you don’t own. Ron Tremblay, CEO of Levon Resources, (T.LVN) was in exactly that position for several years.